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#4 texhooey, AFAIU that's pretty much what happened. Papdemos (whatever) was the handpicked ECB technocrat that was supposed to force all the German austerity measures through the recalcitrant Greek parliment.

#6 This is easy. Sell some of those islands. Isnt that how the US got Alaska and Florida? I know some buyers. The Russians want a warm water port - and then perhaps might then not need to protect Syria'a back (and its Syrian port used by the Ruskies). The Turks have always thought some of those islands are theirs. (the actual ownership has transfered many times) The Palastinians need a real home. And the Isrealites need land (so it seems) The Brits need a warm water island to vacation on as does all the Northern Europe countries. This could all be done and the blessed Euro saved from serious depreciation. I am a synic of course. The Greeks main source of revenue is tourism and they are doing a great job of reducing that to rubble. The Greeks only represent 2and half percent of Europes GDP. Why fund this nonsense. Sell those islands!